It’s hard to believe that in the 21st century, educated people believe the government can produce real wealth by creating money. It’s especially ironic that the main preachers of this superstition fancy themselves progressives and are the first to accuse their opponents of being against science.
The tenth anniversary of the start of America’s illegal and aggressive war against Iraq should not pass without recalling that the mainstream news media eagerly participated in the Bush administration’s dishonest campaign for public support.
The enormity of the crime committed by the Bush administration, with the complicity of cheerleading politicians (Republican and Democrat), journalists, and foreign-policy “experts” cannot be adequately calculated — and the consequences are not all in.
The Dow Jones Industrial Average (DJIA) is at a record high, and the unemployment rate has ticked down to 7.7 percent, but this is no time to celebrate. The economy is still in the doldrums.
Budget sequestration is as modest a step toward cutting Leviathan as one can imagine. Further progress will be difficult as long as people believe that slashing the size of government conflicts with reviving the economy. Nothing could be further from the truth.
Crocodile tears are flowing again for low-income people. In his State of the Union address, President Obama proposed raising the minimum wage from $7.25 to $9 an hour. A debate is shaping up between those who support the proposal and those who favor keeping the wage where it is today. But there are good grounds — for the sake of the poor — to repeal the minimum wage altogether.
Some observers are mystified by Chuck Hagel’s pathetic showing at his Senate Armed Services Committee hearing, but there should be no mystery about it. He performed as he did for one simple reason: He wants to be the next secretary of defense, and he (along with the White House) must have calculated that standing up for his past positions would have harmed his chances.
Ominously but unsurprisingly, the U.S. military’s Africa Command wants to increase its footprint in northwest Africa. What began as low-profile assistance to France’s campaign to wrest control of northern Mali (a former colony) from unwelcome jihadists could end up becoming something more.
In testimony before Senate and House committees, Secretary of State Hillary Clinton enthusiastically endorsed increased U.S. intervention in Africa. When government officials seem incapable of learning obvious lessons from the recent past, maybe their incentive is not to learn but to keep doing the same destructive things.
The latest locale for American intervention is the west African country of Mali.
Swartz faced 13 counts under the 1984 Computer Fraud and Abuse Act (CFAA) and, if convicted, could have faced 35 years in federal prison and a million-dollar fine.